• In an interview with the Financial Times, Procter & Gamble CEO A.G. Lafley says that the company “plans to adopt distribution systems and business practices used by Gillette in dealing with large retailers” as the two companies integrate their systems – a radically different approach to acquisitions than it has used in the past.
"We've done this integration differently in virtually every way,” Lafley told FT. “It wasn't just 'best of both' in terms of leadership, management and staff, it was best of both in terms of systems."
Lafley also said that the Pringles snack division only has about two or three years to get its act together and meet financial targets, or it will be sold.
"We've done this integration differently in virtually every way,” Lafley told FT. “It wasn't just 'best of both' in terms of leadership, management and staff, it was best of both in terms of systems."
Lafley also said that the Pringles snack division only has about two or three years to get its act together and meet financial targets, or it will be sold.
- KC's View:
